Macau-focused gaming stocks like MGM Resorts International ( MGM ), Las Vegas Sands ( LVS ) and Wynn Resorts ( WYNN ) rallied Friday, after regulators of China’s gambling hub settled on new measures surrounding licensing and other matters. X Taken together, the regulations appeared less harsh than anticipated by some investors. The new rules still need to be passed by the Macau legislature. However, they appeared to provide some closure after months of hand-wringing over the regulatory state of an industry dented by the pandemic and a crackdown by Chinese officials. Prior to the release, gaming licenses in Macau...